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Posted on 1/16/24 at 12:12 pm
Posted on 1/16/24 at 12:12 pm
Holy shite. This thing is crashing
Posted on 1/16/24 at 12:32 pm to boogiewoogie1978
Merger was blocked.
Posted on 1/16/24 at 2:05 pm to boogiewoogie1978
Bought at 7, that was a gift imo
Posted on 1/16/24 at 2:34 pm to The Egg
so instead of a buyout to save it, they risk bankruptcy??
Posted on 1/16/24 at 3:56 pm to StonewallJack
quote:
so instead of a buyout to save it, they risk bankruptcy??
Right. If they go out of business, that has a stronger anti-competative impact than the buyout does.
Which makes me wonder if this wasn't an inside deal by JetBlue to blow this up. This was more and more looking like a terribe deal for JetBlue.
Posted on 1/16/24 at 4:19 pm to boogiewoogie1978
Market share
Delta/southwest/american/United have 67% of market
Alaska 6.4%
JetBlue 5.4%
Spirit 5.1%
Delta/southwest/american/United have 67% of market
Alaska 6.4%
JetBlue 5.4%
Spirit 5.1%
Posted on 1/18/24 at 12:16 pm to boogiewoogie1978
Tuesday it was right about 15.
This morning I bought some at 5.82. Not much, just some in my "play" account.
It's dropped another 25% today, down to 4.36 at this moment.
Stock is spooked and they have debt, but I feel like there is a place in the market for them... either alone or with someone else.
This morning I bought some at 5.82. Not much, just some in my "play" account.
It's dropped another 25% today, down to 4.36 at this moment.
Stock is spooked and they have debt, but I feel like there is a place in the market for them... either alone or with someone else.
Posted on 1/18/24 at 12:50 pm to LSUFanHouston
I don't understand the crazy drop.... wasn't JetBlue going to purchase around $30/share?
How could it be valued at $5 now?
Seems like jet blue got lucky the merger was blocked?
How could it be valued at $5 now?
Seems like jet blue got lucky the merger was blocked?
Posted on 1/18/24 at 4:01 pm to 632627
I would think the liquidation value, net of debt, is more than the current stock price.
Also, why did this thread get the anchor?
Also, why did this thread get the anchor?
Posted on 1/19/24 at 6:37 am to LSUFanHouston
quote:
Also, why did this thread get the anchor?
Title sucks.
Posted on 1/26/24 at 3:29 pm to The Egg
quote:
Bought at 7, that was a gift imo
If you don’t mind me asking, what’s your plan/goal? Is this a short term trade or a longer term investment?
BTW, I’m not your downvoter.
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